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Fed's Brainard delivers sharp rebuke of CRA revamp plan
Wednesday, January 22, 2020 in Press
Fed's Brainard delivers sharp rebuke of CRA revamp plan
A Federal Reserve governor on Wednesday issued a rebuke of several key elements of a new proposal to overhaul enforcement of the Community Reinvestment Act, though she stopped short of criticizing its authors — the Federal Deposit Insurance Corp. and the Office of the Comptroller of the Currency — by name.
Overall, Federal Reserve Governor Lael Brainard suggested regulators need to take their time in revamping CRA and not rush into changes without proper analysis.
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In our first ever addition of the IMET Participant Spotlight, we explore Massac County, where Treasurer Sarah Bremer and her hardworking team share insights on serving their community in southern Illinois. The IMET Participant Spotlight is our way of highlighting the communities and finance professionals we proudly serve across Illinois.
IMET Participant Spotlight: Massac County
Read moreClick on the link below to read the latest IMET Monthly Newsletter:
IMET August 2025 Monthly Newsletter
Read moreThe IMET Board of Trustees is soliciting interest from eligible IMET participants who would like to serve as a trustee of the IMET Board. One board position is now open as of August 11th, 2025. For more information click on the link below:
Get involved with IMET! Serve on the IMET Board of Trustees!
Read moreThis article discusses the Federal Reserve’s current rate stance and how the IMET Core Fund offers Illinois public agencies a safe, liquid, and flexible investment option amid uncertainty heading into fall.
Summer Projections Heading Into Fall
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